PTCL Board Approves Binding Offer For Majority Stake In Undisclosed Company
PTCL has informed the Pakistan Stock Exchange that its board approved a binding offer to acquire a majority stake in an undisclosed company, with market speculation pointing to a digital wallet business.
SECP Approves Transfer of Askari Life Assurance Shareholding to Fauji Foundation
SECP approves the transfer of a 51 percent majority stake in Askari Life Assurance from Army Welfare Trust to Fauji Foundation under Insurance Ordinance guidelines.
Kot Addu Power Secures Member Approval for Attock Cement Acquisition Financing
Kot Addu Power Company Limited’s shareholders approve up to forty-seven million dollars in financing for the strategic acquisition of Attock Cement.
Jazz International Acquires Controlling Stake in TPL Insurance
Jazz International Holding Limited completes its acquisition of a seventy-six percent stake in TPL Insurance to expand digital insurance in Pakistan.
Muhammad Farrukh Moves to Acquire Majority Stake and Absolute Corporate Control of Al Shaheer Corporation
Business tycoon Muhammad Farrukh announces a public intention to acquire over 53 percent stake in Al Shaheer Corporation Limited through a structured share purchase agreement.
EFU Life Assurance Explores Strategic Acquisition of Waada Digital to Boost Insurtech Footprint
EFU Life Assurance is considering a potential acquisition of Pakistani insurtech startup Waada Digital as confirmed in a recent Pakistan Stock Exchange filing.
Competition Commission of Pakistan Approves Liberty Daharki Power Acquisition of Engro Polymer Shares
The CCP clears Liberty Daharki Power Limited to acquire Mitsubishi Corporation’s stake in Engro Polymers and Chemicals Limited following a comprehensive competition review.
Gillette Pakistan Minority Shareholders Offered Premium Exit as Series Acquisition BV Initiates Delisting Buyback
Series Acquisition B.V. launches a share buyback for Gillette Pakistan Limited at 700 rupees per share following the PSX delisting approval, providing a major exit window.
Najd Gateway Holding Moves to Acquire Majority Stake in Samba Bank
Najd Gateway Holding Company announces acquisition of 84.51% of Samba Bank shares, updating capital details in public offer addendum while other terms remain unchanged.
Competition Commission Approves Systems Limited Acquisition of SAA Services from British American
The Competition Commission of Pakistan approves Systems Limited’s acquisition of SAA Services from British American Tobacco, enabling the company to integrate global best practices and strengthen Pakistan’s IT and BPO sector without affecting market competition.